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Technology Stocks : Intel Corporation (INTC)
INTC 39.38+6.7%Jan 2 9:30 AM EST

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To: barb loucks who wrote (38896)11/4/1997 6:06:00 PM
From: Rational   of 186894
 
The current price is generally a fair indicator of all available current information. If everyone believes that the price should be $60, it would reach that level instantly. For example, today's open was 78 5/8, based on all pertinent information as of last night. When the price dropped in the morning, of course, some panic sale ensued and the price fell further. There will likely be be a bounce tomorrow to about $78, unless there is some bad new information. The price may rise above $78 if there is good new information, IMHO.

Sankar
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